Markets were lower today as the FED raised the short term Interest Rates 1/2 point to 4.25%, as expected. The FED continued to talk about further tightening, which is not want the Market wants to hear. Eventually the Fed will slow the Economy down so much that they will change their “hawkish” talk, and Stocks should rally further.
The US Dollar and long term Interest Rates have corrected back down towards the Green Lines causing Stocks to rally. The US Dollar Fund (UUP) and Inverse T-Bond Fund (TBT) should bounce back up for Buy Signals soon.
Please be patient and wait for Buy Signals for that are still Above the Green Lines. BUYS SOON – CHARTS The best moves happen when the S&P 500 Index is also coming up out of the Green Zone.
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BUYS TODAY 12/14/2022
MANU MANCHESTER UNITED LTD. Money Wave Buy today, but MANU will not be Bought or logged as the Volume is below average of 2.1 MIL.
We will “Not Log” trades if the Reward/Risk is not at least 2:1, or Low Volume. These have more risk.
BUYS TOMORROW
GEO GEO GROUP INC. Money Wave must Close in the Green Zone.
Shop for a better price earlier in the day with Triple Buy Signal, on the same day that a Daily Money Wave Buy Signal will occur.
BUYS SOON
AEHR AEHR TESTING SYSTEMS Money Wave must Close in the Green Zone.
TBT INVERSE T-BOND FUND Buy above $28.81 with High Volume with a 5% Trailing Sell Stop Loss below it.
Please be patient and Wait for Money Wave Buy Signals. We will email you when they are ready. Follow on the WATCH LIST.
SELLS TODAY
DIA DOW 30 FUND Slipped below the Buy Price of $340.62 and was Stopped Out even. The Target was already Hit for a 2.2 % Gain.
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DAY TRADING SETUPS. A few Triple Buy Pops today: BNGO (+8%) RBLX (+5%) SQQQ (+5%) & SOXS (+8%). ( Try out the New Side by Side layout.
DAY TRADING FOR INDICES & LARGE CAPS CHARTS.
Bonds were up today but are Way Below the Green Line.
Crude Oil was up $1.98 today at $77.37.
MY TRADING DASHBOARD
SWING TRADING CURRENT POSITIONS
DAY TRADING SETUPS
TRADE ALERTS
GREEN LINE CHARTS AT STOCKCHARTS
ARE YOUR INVESTMENTS ABOVE THE GREEN LINE?
GREEN LINE RULES
ETF SECTOR ROTATION SYSTEM
New TOP 100 LIST Updated Dec 1 2022
Many like to Buy the Swing Trades just before the Close, if the Money Wave is going to create a Buy Signal (Closing > 20 and up out of the Green Zone). Don’t Buy if the Security has already popped up too much. Money Wave Buy Signals are usually good for a 3-6 % move in a few days.
We will “Not Log” trades if the Reward/Risk is not at least 2:1, or Low Volume. These have more risk.
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